Active

7304 Canby Avenue

Reseda, CA 91335

$1,250,000 $5,270/Mo

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Overview

Bed

Bath

5,048

Sqft

8,005

Sqft(Lot)

Description

***SELLER FINANCING AVAILABLE*** 7302-7304 Canby presents a rare, flexible mixed-use investment opportunity in the heart of Reseda's commercial corridor. Situated on a generous lot and zoned C2, the property consists of five units offering an ideal blend of residential income and commercial functionality, with significant upside potential.At the rear of the property are two expansive 1,550 sq. ft. units. One is currently configured as a commercial space featuring a large open workspace, two private offices, kitchen, and bathwell suited for a variety of professional or creative uses. Above it sits a bright and spacious 1,550 sq. ft. residential owner's unit, offering an open floor plan, multiple skylights, abundant windows, and natural light throughout. The modern kitchen is appointed with stainless steel appliances, granite countertops, and in-unit laundry. Additional highlights include laminate wood flooring, central HVAC, and generous closet space.The remaining residential units include three well-maintained 1-bedroom, 1-bath units ranging from 650750 sq. ft., each featuring functional kitchens, ample storage, and in-unit washer and dryer.Three units are currently occupied, with tenants on month-to-month commercial leases and a strong payment history. The property offers parking for six or more vehicles (stacked), providing added convenience for both residential and commercial occupants.With C2 zoning, the asset offers exceptional development flexibility, allowing for multi-family, mixed-use, or a wide range of commercial applications (buyer to verify). Ideally located near established businesses, dining, shopping, and public transportation, this property is well positioned for long-term growth and income stability.Listed income details, including Cap Rate and GRM, are based on projected figures. ***SELLER FINANCING AVAILABLE***

Property Details

Property Type : Residential Income

Price : $1,250,000

AD Id : 75523126

MLS Id : 26654413

Beds : 5

Lot Size : 8,005 Sqft

Living Area Size : 5,048

Year Built : 1926

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 5

Bathroom Information

Total Baths: 7 Full Baths: 0 Half Baths: 0
Interior Features

Interior Features: Ceiling Fan(s) Property Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
Heating Source

Combination,Central Has Heating

Building Information

Year Built: 1926 Building Area Total: 5,048

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1838
Lot Size Source: Assessor Lot Size Square Feet: 8005

Listing Price Information

Original List Price: 1,250,000 Listing Contract Date: 2026-02-19
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 2119021039

Garage and Parking

Garage Description: Driveway,Gated,Uncovered

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: RES - Reseda Postal Code Plus 4: 3010 Directions: google.com Zoning: LAC2 Source Property Type: Residential Income Area: RES - Reseda
Building and Construction

Property Age: 100 Year Built Source: Assessor Total Square Feet Living: 5048 Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
6930 Balcom, Reseda, CA, 91335	$1,495,000	7	6	3,208	3,208 SqFt
8207 White Oak Avenue, Reseda, CA, 91335	$799,000	4	2	1,474	1,474 SqFt
7339 White Oak, Reseda, CA, 91335	$779,000	2	1	1,012	1,012 SqFt
7235 Yarmouth, Reseda, CA, 91335	$699,999	2	2	1,120	1,120 SqFt
7848 Chastain Avenue, Reseda, CA, 91335	$859,000	4	2	1,525	1,525 SqFt
17852 Saticoy Street, Reseda, CA, 91335	$1,690,000	4	3	2,930	2,930 SqFt
17852 Saticoy Street, Reseda, CA, 91335	$1,749,000	--	--	2,930	2,930 SqFt
18027 Hatton Street, Reseda, CA, 91335	$849,950	3	--	1,735	1,735 SqFt
7322 Lindley Avenue, Reseda, CA, 91335	$879,000	4	3	1,630	1,630 SqFt
6659 Zelzah Avenue, Reseda, CA, 91335	$1,050,000	5	3	2,513	2,513 SqFt

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ByOwner last updated this listing 06/06/2026 @ 07:31

MLS: 26654413 LISTED BY: David Lukan, Compass 323-593-6999 SOURCE: CRMLS